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Oil Could Hit $150

Tue 27 Mar 12 | 06:46 PM ET
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Oil Could Hit $150

Tue 27 Mar 12 | 06:46 PM ET
Greg Smith, Group CEO, Global Commodities, says forward oil prices are trading below spot prices because they haven't factored in tensions with Iran. He adds that the price could rise to $150 given the risks of conflict with Iran.
 
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